Highway 114 Warehouse
2765 Highway 114 Fort Worth, TX 76177
For Sale
$38,592,040
Warehouse with excellent access to highways and proximity to airport.
Property Size266,152 SF
Price / SF$145
Days on Market240
Property Features for 2765 Highway 114
General Information
- Standard status
- Active
- Size
- 266,152 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2020
Listing Agency:
(817) 991-1800
Listed By:
Trey Fricke, SIOR
(817) 991-1800
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Jul 6
Last Checked: Jul 23 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trey Fricke, SIOR
Investment Insights
Based on property information with market context.
Located in Northwest Commerce Park, this warehouse property offers a front load configuration. It provides excellent access to Highway 114 and I-35. The property is in close proximity to Alliance Airport and is situated 5.6 miles from the BNSF Intermodal Facility. The property size is 266152 square feet.
Key Highlights
- Excellent access to Highway 114 & I‑35
- Located in Northwest Commerce Park
- Close proximity to Alliance Airport
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.40M | $9.00 |
| − Vacancy | −$227.6k | −$0.86 |
| EGI | $2.17M | $8.15 |
| − OpEx | −$325.2k | −$1.22 |
| NOI | $1.84M | $6.92 |
266,152 SF · lease $9.00/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$26.32M
$23.03M – $30.71M
NOI $1,842,637 @ 7.0% cap · market cap 4.77%
Second Best
Industrial
$23.99M
$20.99M – $27.99M
NOI $1,679,329 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$96.68M
$84.60M – $112.80M
NOI $6,767,713 @ 7.0% cap · market cap 17.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Public Storage — 16120 Double Eagle Blvd, Fort Worth, TX 76177
FAQs
What type of property is this?
Warehouse - Warehouse with excellent access to highways and proximity to airport.
Where is this warehouse located?
The property is located at 2765 Highway 114 Fort Worth, TX.
What is the asking price?
The asking price for this property is $38,592,040.
What are key features of this property?
This property features: Excellent access to Highway 114 & I‑35; Located in Northwest Commerce Park; Close proximity to Alliance Airport
